Mississauga, ON -- (SBWIRE) -- 11/21/2013 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Tembec Swings a Profit in Q4 Despite Soft US Housing Market Dampening Sales.”
Companies mentioned in this article include Tembec, Inc. (TSX:TMB).
Article Excerpt:
The US housing market is in a better position than it was last year, but still far below pre-recession standards. Construction starts on new homes are slowing modestly in recent months, which puts pressure on many industries, including North American lumber producers. According to US Commerce Department data, the number of new privately-owned housing units started so far in 2013 hit a high in March of just over a 1 million unit pace. The highest level in the second quarter was a 919,000 rate. For the third quarter, September’s figure has not yet been released, but the best month reported so far was August at a seasonally-adjusted 891,000 annualized rate.
Tembec, Inc. (TSX:TMB), a Montreal-based manufacturer of forest products, including lumber, pulp, paper and specialty cellulose, noted the housing market in its earnings release on Thursday, which showed sliding sales and profits in the fourth quarter of fiscal 2013.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/387/tembec-swings-a-profit-in-q4-despite-soft-us-housing-market-dampening-sales.htm
About AllPennyStocks.com:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.
Contact
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com
Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.